Public-sector banks have recently increased one-year certificate of deposit rates beyond 8%, influenced by stricter liquidity and high treasury-bill yields. The reduction in banking liquidity has led to a noticeable rise in CD issuances lately. Observers predict further policy rate hikes to address inflation effectively, signaling that the current rates may not yet reflect their maximum potential amidst ongoing market fluctuations.
Gold edges higher on softer oil; US midterm elections in focus
Following a previous surge, gold prices experienced a minor uptick, influenced by declining oil rates and ongoing inflation concerns. Investors are honing in on the
November 3, 2026